Peter Smith
XRP struggles near $3 as market pressure builds, with traders watching key support levels for the next big move.
XRP is barely hanging onto the $3 level, trading at $2.97 with a modest 1.77% daily gain according to CoinMarketCap. But don't get excited – it's been a brutal week for crypto.
Friday's market bloodbath saw over $900 million in liquidations thanks to weak U.S. jobs data and general market fear. XRP got caught in the crossfire, tumbling from $3.33 on July 28 down to $2.89 on Friday. That's a 6.27% weekly drop that has traders on edge.
The crypto market is still bleeding with $616 million in liquidations over the past 24 hours, according to CoinGlass data. XRP holders are now laser-focused on critical support zones.
XRP Price Levels That Matter
Crypto analyst Ali sees strong support at $2.55-$2.40 – this could be XRP's lifeline if selling pressure ramps up. Saturday's action showed some promise as the $2.94 support held firm, helped by dip buyers pushing XRP back to $3.01.
The next test comes at $3.02-$3.05 resistance. Break through here and XRP might target $3.33 and $3.65. But without serious buying power, expect more rejection at these levels.
XRP (Ripple) Network Keeps Growing Despite Price Drama
While XRP's price bounces around, the XRP Ledger just hit 7 million accounts according to Dune data. Over 1 million new users joined in 2025 alone, with daily sign-ups averaging 3,000+ and sometimes hitting 20,000.
Even better news: BlackRock's Maxwell Stein confirmed he's attending Ripple's Swell 2025 conference. When institutional heavyweights start showing up, it usually signals bigger things ahead – even if the price doesn't show it yet.
Peter Smith
